Sales of NFTs reached $25 billion in 2021

From digital artworks made by robots

to digital ballet performances

the speculative crypto asset exploded in popularity

But there were signs of growth slowing towards the year-end

Source: DappRadar

The ‘first ever’ NFT was auctioned for $1.47 million

While the most expensive NFT sale was $69.3 million

a common price range was $100 to $1,000

Source: NonFungible.com

According to data estimates, the money spent on NFTs in 2021

is roughly equivalent to the amount pledged at COP26

to help countries phase out coal